[168 Pages Report] The molluscicides market was valued at USD 563.7 million in 2017; it is projected to grow at a CAGR of 4.4%, to reach USD 727.8 million by 2023. The basic objective of the report is to define, segment, and project the global market size for molluscicides on the basis of application, type, form, and region. Other objectives include analyzing the opportunities in the market for stakeholders and providing a competitive landscape of market trends, analyzing the macro and microeconomic indicators of this market to provide factor analysis, and to project the growth rate of the molluscicides market. The base year considered for the study is 2017, while the forecast period considered is from 2018 to 2023.

This report includes estimations of the market size in terms of value (USD million). Both the top-down and bottom-up approaches have been used to estimate and validate the size of the global molluscicides market and to estimate the size of various other dependent submarkets. The key players in the market have been identified through secondary research; from sources such as press releases; paid databases such as Factiva and Bloomberg); annual reports; and financial journals; their market shares in their respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

Company Information

The global molluscicides market is estimated at USD 587.8 million in 2018 and is projected to grow at a CAGR of 4.4%, to reach USD 727.8 million by 2023. Factors such as the growing demand for horticultural crops have significantly fueled the market for molluscicides due to the increasing consumer awareness about controlling snail and slug infestations in the fields.

On the basis of type, chemical molluscicides accounted for the larger share, followed by biological molluscicides, in 2018. The growth of the chemical molluscicides market is attributed to the increasing adoption of agrochemicals and their use in the growing high-value horticultural crops. Chemical molluscicides are easily available and affordable; they are exported to various regions across the globe. These factors significantly contribute to the high demand for chemical molluscicides across the globe.

The molluscicides market, on the basis of application, is segmented into the agricultural and non-agricultural segments. Agricultural application accounted for the larger share in 2018, followed by non-agricultural applications. The overall increase in the usage of molluscicides in the agricultural application is largely because of the application of molluscicides to crops such as corn, rice, and wheat.

On the basis of form, the pellets segment accounted for the larger share in 2018. Owing to their ease of handling, pellets have gained the larger market share as compared to the liquid & gel form. Pelleting is the most common and effective technique used to control slugs and snails. The effectiveness of pellets depends upon their chemical content, especially, the presence of constituents that attract slugs and their durability under field conditions.

North America accounted for the largest share of the molluscicides market in 2018. The North American molluscicides market is driven by consumer awareness and the requirement of superior-quality crop products in the market. Asia Pacific is projected to be the fastest-growing market between 2018 and 2023. Emerging economies such as China and India play an important role in supplying active ingredients (chemicals such as metaldehyde) as raw materials to the North American and European markets.

The major restraining factor for the molluscicides market is the environmental problem caused by hazardous chemicals. Excessive use of dangerous and harmful chemicals triggers a risk to the environment by disturbing the ecosystem.

Companies such as Lonza Group (Switzerland), Bayer Cropscience (Germany), American Vanguard Corporation (US), BASF (Germany), and Adama Agricultural Solutions (Israel) have acquired leading market positions through their broad product portfolios, along with a focus on diverse end-user segments. They are also focused on innovations and are geographically diversified.

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6 Molluscicides Market, By Application (Page No. - 47) 6.1 Introduction 6.2 Agricultural 6.2.1 Fruits & Vegetables 6.2.1.1 Rise in Demand for Horticulture Crops is Creating A Demand for More Molluscicide Products That Have Less Residue Effect on the Crops 6.2.2 Cereals & Grains 6.2.2.1 Demand of Molluscicides for Grains and Cereals in Asian Countries is Rising 6.2.3 Oilseeds & Pulses 6.2.3.1 Increasing Demand of Soybean and Other Oilseed is Fueling the Molluscicides Industry Globally 6.3 On-Agricultural 6.3.1 Commercial 6.3.1.1 Development of New Active Ingredients That are Effective for Killing Slugs and Snails is Driving the Non-Agricultural Application of Molluscicides 6.3.2 Residential 6.3.2.1 Homes Gardens, and Small Greenhouses are the Trending Application Segment of Molluscicides Products

7 Molluscicides Market, By Type (Page No. - 56) 7.1 Introduction 7.2 Chemical Molluscicides 7.2.1 Metaldehyde 7.2.1.1 Metaldehyde Account for the Largest Market Share Due to Easy Availability of Raw Materials 7.2.2 Methiocarb 7.2.2.1 Regulatory Restriction on the Use of Methiocarb in Europe 7.2.3 Ferrous Phosphate 7.2.3.1 Ferric Phosphate has High Growth Potential Due to Its Self Degradable Property 7.2.4 Others 7.2.4.1 Development of New Active Ingredient is Driving the Market for Ferric Sodum Edta and Other Metal Salts 7.3 Biological Molluscicides 7.3.1 Demand for Biological Molluscicides is Expected to Be High During the Forecast Period as They are Environment-Friendly and Non-Toxic in Nature

8 Molluscicides Market, By Form (Page No. - 66) 8.1 Introduction 8.2 Pellets 8.2.1 Molluscicide Pellets are Cheaper and are Easier to Apply to the Crops, as Compared to Liquids and Gels 8.3 Liquids and Gels 8.3.1 Demand for Liquid & Gel Molluscicides is Increasing in Non-Agricultural

10 Molluscicides Market, By Region (Page No. - 72) 10.1 Introduction 10.2 North America 10.2.1 US 10.2.1.1 High Awareness Related to the Efficient Use of Molluscicides Drives the Market in the US 10.2.2 Canada 10.2.2.1 High Demand for Crops Such as Corn is the Major Growth Factor for Molluscicides in Canada 10.2.3 Mexico 10.2.3.1 Increase in the Commercialization of Agriculture is the Main Driving Force for the Molluscicides Market in Mexico 10.3 Europe 10.3.1 Germany 10.3.1.1 High Production of Field Crops Such as Grains and Cereals, A Major Application Area of Molluscicides in Germany, is Driving the Market 10.3.2 France 10.3.2.1 The Country’s Strong Agricultural Sector is Fueling the Demand for Molluscicides in the Country 10.3.3 Spain 10.3.3.1 Increase in Demand for Fruits and Vegetable Crops in Spain is A Chief Factor for the Demand for Molluscicide Products in Spain 10.3.4 Italy 10.3.4.1 Italian Molluscicides Market is A High-Growth-Potential Market, as the Agricultural Sector is Yet to Reach Its Complete Commercial Potential in the Country 10.3.5 UK 10.3.5.1 Presence of Major Players in the Region is A Key Driving Factor for Molluscicides in the UK 10.3.6 Rest of Europe 10.3.6.1 The Production of Corn and Soy is A Major Application of Molluscicides in the Region 10.4 Asia Pacific 10.4.1 China 10.4.1.1 Presence of A Large Number of Chemical Molluscicide Manufactures and Distributors is A Key Factor for the Largest Share of China in the Asia Pacific Market 10.4.2 India 10.4.2.1 India is A Potential Market for Chemical Molluscicides, With High Demand for Biological Molluscicides 10.4.3 Japan 10.4.3.1 Rice Production is the Main Factor Behind the Growth of the Molluscicides Market in Japan 10.4.4 New Zealand 10.4.4.1 High Presence of Terrestrial Mollusks Encourage Farmers to Use Molluscicides in New Zealand 10.4.5 Australia 10.4.5.1 Growth of Horticulture Crops in Australia is the Major Reason for the Growth of Molluscicides Market in the Country 10.4.6 Rest of Asia Pacific 10.4.6.1 Domination of Wet Rice Cultivation to Drive the Market in the Region 10.5 Rest of the World (RoW) 10.5.1 Brazil 10.5.1.1 Need to Increase the Crop Yield is the Major Driver for Pesticides in the Country 10.5.2 Argentina 10.5.2.1 Production of the Grains and Cereals is A Major Factor for the Growth of Pesticides Such as Molluscicides in Argentina 10.5.3 Others in RoW 10.5.3.1 Scope for the Growth of the Molluscicide Industry in the Region is Limited Due to Climatic Conditions